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Editorial Results (free)

1. First Horizon Sees 12 Percent Gain in Net Income -

First Tennessee Bank’s parent company in the just-ended second quarter pulled a repeat of its performance in the first three months of 2016, with profit, earnings per share, loans and deposits all up over where they stood at this time last year.

2. First Horizon CFO Touts Growth Opportunities, Conservative Approach -

The chief financial officer of First Tennessee Bank’s parent company took a message of expansion, of stronger loan portfolios and being smarter than the competition about which deals to pursue in a meeting with analysts in New York City earlier this month.

3. Union Avenue Arby’s Sells for $1.3 Million -

The Arby’s restaurant site at 975 Union Ave. has sold for $1.3 million.

ARC CAFEUSA001 LLC, an entity affiliated with Dresher, Pa.-based American Realty Capital, bought the property in a July 31 special warranty deed from GE Capital Franchise Finance Corp. No financing was associated with the transaction.

4. Trustreet Sells Wendy's SiteTo San Francisco Investor -      Orlando-based Trustreet Properties Inc., which in October bought 10 Wendy's restaurants through a sale-leaseback deal, has sold one of the properties to San Francisco investors for $1.1 million.

5. Archived Article: Real Recap - AS Hospitality Buys Press Building

AS Hospitality Buys Press Building

3493 Lamar Ave.

Memphis, TN 38118

Cost: $2.7 million

Buyer: ASH Properties LLC

Seller: Commerce Center LP

Property: Property at 3493 Lamar Ave. near Pearson R...

6. Archived Article: Daily Digest - WKNO, Running Pony

Valenti Mid-South

Finances Kirby Property

Valenti Mid-South Realty LLC has financed vacant land near Kirby Parkway and Kirby Gate Cove for $1.2 million, according to The Daily News Public Records Database, www.memphisdail...